Permanent Portfolio

The Permanent Portfolio was proposed by Harry Browne in the book Fail Safe Investing.  An excellent modern guide is The Permanent Portfolio: Harry Browne’s Long-Term Investment Strategy by Craig Rowland and J. M. Lawson.

 

permanent-portfolio

Asset Allocation

Stocks

Bonds

Real Assets

 

Notes

1) Short term bonds are a common substitute for cash for many Permanent Portfolio investors.

Performance

Change the domestic market to translate the portfolio to different home countries